Global Cobalt Producers CMOC and Glencore Maintain Production Plans Despite Price Drop (ECOFIN)
CMOC and Glencore, the world's top cobalt producers, are maintaining their output despite a 60% price drop from the last peak. The Democratic Republic of Congo (DRC), where the firms operate, is exploring ways to secure a 'fair price' for the metal. Cobalt prices on the London Metal Exchange have...